Management, Boards, Committees and Comissions

Board of Officers

Our governance structure works in synergy to achieve the economic, financial, social and environmental results of the business, with a view to ensuring the creation of sustainable value in the short, medium and long term. The Statutory Executive Board is elected by the Board of Directors and is responsible for proposing and implementing the company’s strategic plan and budget. It has four members, all elected for unified two-year terms, with re-election permitted.

Fabio Rogério Zanfelice Chief Executive Officer (CEO) See more
Mario Bertoncini VP of Finance & Business Development and Chief Investor Relations Officer See more
Marcia Cunha VP of Operations See more
Carlos Curci Neto Executive Officer - Legal, Corporate Governance and Compliance See more
Priscila Rochinha Lino Executive Officer - Regulatory & Strategic Planning See more
Rômulo Marçal Executive Officer - Corporte Affairs See more
João Guillaumaon Executive Officer - Strategy, Innovation and Value Realization See more
Cristiane Schaefer Executive Management of Risks, Controls and Internal Audit See more

Fabio Rogério Zanfelice

Chief Executive Officer (CEO)

Statutory Director elected on March 25, 2022

Holds a degree in Electrical Engineering from the State University of São Paulo (UNESP), a master’s degree in Energy Systems Planning from UNICAMP, an MBA in Energy Economics and Management from Instituto COPPEAD/UFRJ and has completed the Advanced Management Program (AMP) at the Harvard Business School. Since August 2019, he has been the chairman of the Board of Directors of CESP, briefly serving as its CEO in 2019.
He has more than 30 years of experience in the electricity sector, where he began his career at CESP (1988-2001) working in different roles: young apprentice, technician and engineer. At CPFL Energia (2001-2015) he held different positions, notably executive officer – Energy Planning (2011-2013) and CEO of the trading company (2013-2015).
He holds management positions in the following companies or non-profits: chairman of the Board of Directors of the Brazilian Association for Energy Self-Producers (ABIAPE) and alternate member of the Board of Directors of Brazil’s National Electricity System Operator (ONS).

Mario Bertoncini

VP of Finance & Business Development and Chief Investor Relations Officer

Statutory Director elected on March 25, 2022

Holds a bachelor’s degree in Business Administration from the Fundação Getúlio Vargas (FGV/SP) and an MBA in Finance from the Wharton School of the University of Pennsylvania (USA). Since 2019, he has also been the Chief Executive and Investor Relations Officer of CESP and an executive officer at CESP Comercializadora de Energia.

He has been working at Votorantim’s investees since 2011, when he started as Corporate Treasurer and Investor Relations officer at Votorantim Industrial. In 2014, he became the Chief Financial Officer of Nexa Resources, which he left in 2019 to become the Chief Financial Officer of CESP and later, the same year, the Chief Executive and Investor Relations Officer, while also working as an executive officer at CESP Comercializadora de Energia, a subsidiary of CESP.

He started his career at Itaú BBA in 1989 as a Credit and Investment Analyst, leaving the company in 2005 as director of Mergers and Acquisitions. He joined Unibanco the same year as Regional Director of the Large Corporate Division and returned to Itaú BBA in 2009, also as Regional Director of the Large Corporate Division. He served on the Boards of Directors of mining firms Milpo and Atacocha between 2013 and 2018 and was alternate member of the Board of Directors of Fibria Celulose, an investee of Votorantim at the time, between 2012 and 2013.

Marcia Cunha

VP of Operations

Statutory Director elected on March 25, 2022

Holds a degree in Chemical Engineering and has completed a specialization program in Optimization and Control of Petrochemical Processes at the Federal University of Bahia, and an MBA in Business Management from Fundação Dom Cabral.

She began her career in 1989 at Copene Petroquímica do Nordeste as an Industrial Automation and Petrochemical Process Control Engineer, later becoming Project Coordinator. In 2002, she took over as Head of Projects and Industrial Automation at Braskem and, later in 2011, was promoted to Chief Industrial Officer. In 2014, she joined GranBio as Executive Officer – Biochemical Operations and Projects. Two years later, she was invited by Yara Fertilizantes to take over Chief Operations Officer and HESQ in Sales and Marketing in Brazil and, in 2020, she took charge as Chief Planning and Logistics Officer. In 2021, she served a Chief Operations Officer at Votorantim Energia, which merged with the Company.

Carlos Curci Neto

Executive Officer - Legal, Corporate Governance and Compliance

Holds a degree in Law from Centro Universitário das Faculdades Metropolitanas Unidas (FMU). He also has completed specialization programs in Energy Business at USP, a Post-graduate program in Business Law at Fundação Getúlio Vargas and a Management program at the Harvard Business School.

Carlos Curci has been working in the investees of Votorantim for over 20 years, mostly in the energy business. He returned to the company 8 years ago as Legal Manager and later took over as General Manager – Legal and Regulatory Affairs.

Carlos began his career at CBA in 1998 and joined Votorantim Energia in 2000 in the Administrative area, having also worked in the O&M and Commercial areas. He was promoted to lawyer and remained in the company until 2011. He worked at AES Eletropaulo (2011-2013) as specialist lawyer.

Priscila Rochinha Lino

Executive Officer - Regulatory & Strategic Planning

Holds a bachelor’s degree in Mathematics from Universidade Federal do Rio de Janeiro – UFRJ, a master’s degree in Operational Research from UFRJ, and an MBA in Corporate Finance from PUC/RJ. She has over 25 years of experience in the energy market. She began her career at PSR Consultoria in 2000, leaving the company in 2015 as a Technical Director. In 2016, she joined the former Brookfield Energia Renováveis, currently Elera Renováveis, initially as Studies Director and reaching the position of Vice President of Regulatory Affairs. She also served as counselor of the Brazilian Association of Photovoltaic Solar Energy (Associação Brasileira de Energia Solar Fotovoltaica – ABSOLAR), as alternate counselor of the Brazilian Association of Independent Producers (Associação Brasileira dos Produtores Independentes – APINE) and was member of the Brazilian Association of Clean Energy Generation (Associação Brasileira de Geração de Energia Limpa – ABRAGEL). She is currently a member of the energy business council of the Rio de Janeiro Commercial Association (Associação Comercial do Rio de Janeiro – ACRJ).

Rômulo Marçal

Executive Officer - Corporte Affairs

Holds a degree in Computer engineering from Universidade de Campinas (UNICAMP). He also has completed a Post-graduate program in HR Management from Faculdade de Campinas (FACAMP) and holds an MBA in Marketing from Escola Superior de Propaganda e Marketing (ESPM).

Rômulo Marçal has been with the company since 2015, when he started as General Manager – IT, BI, Supplies and Administration. A few years later, he also took responsibility for People, Communication and Sustainability as Corporate General Manager. He began his career at Movile (erstwhile Compera/Start up) as Business and Product Development Manager in 2000. In 2005, he joined Brasil Telecom as Product Coordinator and left the company in 2008 as Product Manager. A month later, he joined Oi as Information Services Manager and, in 2010, was promoted to Senior Manager – Projects, Processes and Budgets. In 2011, he was promoted to Senior Marketing Manager, a position he held till 2015.

João Guillaumaon

Executive Officer - Strategy, Innovation and Value Realization

He has a degree in Production Engineering from the Polytechnic School of USP and an MBA in Economics and Finance from the Booth School of Business at the University of Chicago in the United States. João became a consultant at McKinsey & Co. in 2005, and left in 2024 after 8 years as a partner. During this period, he worked mainly with energy and materials clients, on topics such as strategy, transformations, innovation, M&A, new business creation and others, in Latin America, North America and Europe.

Cristiane Schaefer

Executive Management of Risks, Controls and Internal Audit

Holds a bachelor’s degree in Business Administration from UniRitter Rio Grande do Sul and an MBA in Financial Management, Controlling and Auditing from Fundação Getúlio Vargas, with an extension degree from the University of California – Irvine. She is currently studying to become a Certified Expert in Compliance, from Instituto ARC – Auditoria, Riscos e Compliance (completion in the 1st semester of 2023) and has been a Member of the Compliance Women Committee (CWC) since 2018.

Mrs. Schaefer has been at the Company since 2019, when she joined as an Internal Audit Manager, taking over the Risk, Internal Controls and Compliance areas after one year and, later, also joining the Information Security area.

She began her career as a Senior Analyst at Vivo Telecomunicações, working in the regional offices of Rio Grande do Sul and São Paulo, in the management and fraud prevention area. In 2004, she joined Deloitte, a Big Four auditing firm, where she served in the Risk Advisor area during 13 years, initially as a Consultant and reaching the position of Director in 2014. Throughout her career, she served multinational companies from various sectors, in the areas of Risk Management, Internal Audit and Compliance. In 2018, she began working as an independent consultant and, after a few months, joined StoneTurn as a Senior Adviser in the Compliance, Risks and Investigation areas.

Board of Directors

It is responsible for monitoring the company’s performance, guiding and deciding on strategic business guidelines and issues. Made up of six members, the board includes a female director and an independent member. All members are elected for unified two-year terms, with re-election permitted.

Mr. Mateus Ferreira graduated in Business Administration from Fundação Getulio Vargas (FGV/SP) and completed Executive Leadership Programs at Stanford University and Fundação Dom Cabral. Since August 2020, he has been an Executive Officer at Votorantim S.A., a holding investment company with activities in the cement, mining and metal, energy, steel, agribusiness, real estate and financial services sectors. Since November 2021, he has been the Chair of the Board of Directors of Altre, a Votorantim real estate assets management company.

From May 2021 to February 2022, he was a member of the Board of Directors of Votorantim Energia, a company merged into Auren Energia. Before joining Votorantim, from February 2011 and June 2020, he was Head of Infrastructure and Global Industries at Banco Itaú BBA.

He has more than 30 years of experience in the electricity sector, where he began his career at CESP (1988-2001) working in different roles: young apprentice, technician and engineer. At CPFL Energia (2001-2015) he held different positions, notably executive officer – Energy Planning (2011-2013) and CEO of the trading company (2013-2015).

He holds management positions in the following companies or non-profits: chairman of the Board of Directors of the Brazilian Association for Energy Self-Producers (ABIAPE) and alternate member of the Board of Directors of Brazil’s National Electricity System Operator (ONS).

Mr. Ricardo Szlejf has a bachelor’s degree in Business Administration from EAESP/FGV and a master’s degree in Business Administration from INSEAD. He has been a member of the Board of Directors of CESP since April 2019. He has also been Infrastructure Officer for Latin America at CPP Investments since May 2015.

Additionally, he is currently Officer at IDEAL – Impulsora del Desarrollo y el Empleo en America Latina, S.A.B. de C.V., has been a member of the Board of Directors of Grupo Costanera SpA, in Chile, since September 2017, and Officer at TGP – Transportadora de Gas Del Peru since September 2020, all of which investees of CPP Investments.

Ms. Megan Hansen graduated in Atmosphere/Energy Engineering from Stanford University, where she also completed a master’s degree in Management Science and Engineering. Additionally, she has an MBA from Harvard Business School. Since 2019, Ms. Hansen has been principal at CPP Investments and a member of the Board of Directors of Nephin Energy, an investee of CPP Investments and Ireland’s largest producer of natural gas for domestic consumption.

Mr. João Schmidt graduated in Business Administration from Fundação Getulio Vargas – FGV. Since March 2020, he has been the CEO of Votorantim S.A., a holding investment company with activities in the cement, mining and metal, energy, steel, agribusiness, real estate and financial services sectors.

Currently, he is also vice-chair of the Board of Directors of Banco BV, and since 2016, he has been a member of the Board of Directors of Nexa Resources, both companies are Votorantim’s investees. He is also a member of the Board of Directors of the American Chamber of Commerce – AmCham Brazil.

For a certain period of time in 2019, Mr. Schmidt was the Chair of the Board of Directors of CESP – Companhia Energética de São Paulo, a wholly-owned subsidiary of the Company. He was also a board member at Votorantim Energia, which was merged into the Company. Additionally, he was a member of the Board of Directors of Citrosuco S.A. and of Fibria Celulose S.A. between 2014 and 2019, both companies were Votorantim investees at the time. Before joining Votorantim, Mr. Schmidt worked in the financial sector for 15 years, as Officer at Goldman Sachs do Brasil Banco Múltiplo S.A. from 2010 and 2014. Prior to that, he held several positions at Citigroup and Goldman Sachs.

He is also a member of the Board of Directors of the American Chamber of Commerce – AmCham Brazil.

Mr. Sergio Romani graduated in Accounting from Universidade Santa Úrsula. Since April 2021, he has been a member and coordinator of the Company’s Statutory Audit Committee and an independent member of the Board of Directors. He has also been a member of the Sustainability Committee of CESP since September 2021. Additionally, since 2021, he has been an independent member of the Board of Directors and a member of the Audit Committee of CBA – Companhia Brasileira de Alumínio, a Votorantim investee. He is also a member of the Audit Committee of Vale S.A.

Mr. Romani is an audit expert and worked for over 36 years at Ernst & Young (EY), dedicating his career to serve publicly held companies in Brazil and abroad, especially the United States. He was the Lead Audit Partner (including accounting consulting, fraud and investigation operations) in Brazil and South America for over 10 years. In 2016, he took over as the CEO of EY for South America and the Regional Chair of the Board of Directors. He was also a member of EY’s American Operating Executive and of the Global Partners Group.

Mr. Marcos Pinto graduated in Law from the University of São Paulo (USP) and earned two master’s degrees (in Law from Yale University and in Economics from Fundação Getulio Vargas of Rio de Janeiro – FGV/RJ). He was a board member at Votorantim Energia, which was merged into the Company.

Mr. Pinto has been a partner in the law firm Trindade Sociedade de Advogados since September 2019. From May 2011 and October 2019, he was a partner in Gávea Investimentos Ltda.

Statutory Audit Committee

An advisory body directly linked to the Board of Directors. The committee assists the Board of Directors in assessing the financial statements and supervising the activities of the independent auditors, and evaluates the company’s risk exposures. It is made up of three independent members (one director and two external members), with the independent director as coordinator and one of the external members with recognized experience in corporate accounting, in accordance with the applicable regulations. All of them are elected for unified two-year terms, with re-election permitted.

Mr. Sergio Romani graduated in Accounting from Universidade Santa Úrsula. Since April 2021, he has been an independent member of the Company’s Board of Directors and a member and coordinator of the Statutory Audit Committee. He has also been a member of the Sustainability Committee of CESP since September 2021. Additionally, since 2021 he has been an independent member of the Board of Directors and a member of the Audit Committee of CBA – Companhia Brasileira de Alumínio, a Votorantim investee. He is also a member of the Audit Committee of Vale S.A.

Mr. Heraldo Gilberto de Oliveira has a master’s degree in Accounting and Controllership from FEA/USP and a graduate degree in Business Administration and Accounting. He has also been a member of the Statutory Audit Committee of CESP since April 2021.

He is the managing director of Consultores Associados Ltda. and of Timo Consultores Ltda. Since November 2009, he has been a member of the Board of Directors and the chair of the Audit Committee of China Construction Bank (Brasil) Banco Múltiplo S.A. He has been a Tax Advisor at Suzano Holding S.A. since April 2014; the Chair of the Audit and Compliance Committee of Iguá Saneamento S.A. since December 2017; Tax Advisor at National Association for Research and Development of Innovative Companies (Associação Nacional de Pesquisa e Desenvolvimento das Empresas Inovadoras – ANPEI) since April 2017; and an alternate member of the Board of Directors of IRB-Brasil Resseguros S.A. since March 2018. He was also a Tax Advisor at Tevec Sistemas S.A. from November 2016 and May 2017 and at S.A. Correio Braziliense from June 2016 and June 2018. He was a member of the Board of Directors and of the Audit Committee of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from November 2009 and March 2013 and a member of the Board of Directors and Coordinator of the Audit Committee of Banco Nossa Caixa S.A. from April 2007 and December 2018. Since June 2000, he has been a researcher, professor and consultant at the Foundation Institute for Accounting, Actuarial and Financial Research (Fundação Instituto de Pesquisas Contábeis, Atuariais e Financeiras).

Mr. Marcos Antonio Quintanilha graduated in Accounting and Auditing from Universidade São Judas and in Economics and Finance from FMU Faculdades Metropolitanas Unidas. He has also been a member of the Statutory Audit Committee of CESP since April 2021.

He is a former EY audit partner, held said position in various markets and regions of Brazil between 1988 and 2019 and worked in multiple sectors of activity, including infrastructure (generation, transmission and distribution of electricity, water and sanitation). Between 2013 and 2019, he was the Lead Partner in EY Brazil’s Power Utilities Group and Coordinator of the Working Group of the Institute of Independent Auditors of Brazil – IBRACON, focusing on discussing topics related to the electricity, water and sanitation sectors. He is an EY representative in the Transmission and Generation Committees of the Brazilian Association of Infrastructure and Basic Industries. Finally, he is a sitting member and coordinator of the Audit Committee of Intelbrás S/A.